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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real estate investments:    
Land and improvements $ 2,432,065 $ 2,261,415
Buildings and improvements 25,778,490 24,323,279
Construction in progress 269,315 265,748
Acquired lease intangibles 1,369,747 1,230,886
Operating lease assets 317,858 346,372
Gross real estate investment 30,167,475 28,427,700
Accumulated depreciation and amortization (8,350,637) (7,877,665)
Net real estate property 21,816,838 20,550,035
Secured loans receivable and investments, net 530,126 605,567
Investments in unconsolidated real estate entities 523,465 443,688
Net real estate investments 22,870,429 21,599,290
Cash and cash equivalents 149,725 413,327
Escrow deposits and restricted cash 46,872 38,313
Goodwill 1,046,140 1,051,650
Assets held for sale 28,399 9,608
Deferred income tax assets, net 11,152 9,987
Other assets 565,069 807,229
Total assets 24,717,786 23,929,404
Liabilities:    
Senior notes payable and other debt 12,027,544 11,895,412
Accrued interest 106,602 111,444
Operating lease liabilities 197,234 209,917
Accounts payable and other liabilities 1,090,254 1,133,066
Liabilities related to assets held for sale 10,850 3,246
Deferred income tax liabilities 59,259 62,638
Total liabilities 13,491,743 13,415,723
Redeemable OP unitholder and noncontrolling interests 280,283 235,490
Commitments and contingencies
Ventas stockholders’ equity:    
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued 0 0
Common stock, $0.25 par value; 600,000 shares authorized, 399,420 and 374,609 shares issued at December 31, 2021 and 2020, respectively 99,838 93,635
Capital in excess of par value 15,498,956 14,171,262
Accumulated other comprehensive loss (64,520) (54,354)
Retained earnings (deficit) (4,679,889) (4,030,376)
Treasury stock, 0 shares at both December 31, 2021 and 2020 0 0
Total Ventas stockholders’ equity 10,854,385 10,180,167
Noncontrolling interests 91,375 98,024
Total equity 10,945,760 10,278,191
Total liabilities and equity $ 24,717,786 $ 23,929,404